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Extension of consent - Polar Pioneer

The Norwegian Petroleum Directorate (NPD) has granted Norsk Hydro an extension of the existing consent for use of the mobile installation Polar Pioneer on Troll Oil Gas province.

The NPD's previous consent (30 July 2002) for production drilling on the licenses PL054 and 085 using Polar Pioneer expire on 31 December 2003.
Norsk Hydro has now extended the contract with Transocean for use of the mobile installation for production drilling, with an estimated duration of until 1 November 2004.